Which of the following is a feature of 'Multi-Sided Platforms'?
A. They serve only one group of users
B. They are identical to traditional linear firms
C. They never exhibit network effects
D. They intermediate between two or more distinct groups of users and must solve the chicken-and-egg problem of attracting both sides
Answer: Option D
Solution (By JKSSB Mock Tests)
Multi-sided platforms bring together two or more distinct customer groups that need each other and whose interactions are mediated by the platform; pricing and design must balance the interests of all sides.
Explanation:
Non-tax revenue includes interest receipts, dividends and profits from PSUs, fees, fines, etc. Taxes like corporation tax, income tax and customs duty are tax revenues.
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